In the last few months, there are more and more attempts of established financial and government institutions, Blockchain and crypto-currencies. Facebook wants to push Libra in the market, JP Morgan is working on the Coin, and companies such as IBM in many areas is already on the Blockchain technology. But what is a Bitcoin? Which companies accept BTC, or where you can pay with Bitcoin?PricewaterhouseCoopers, known as PwC, is one such Institution, which now relies on Bitcoin. The auditing giant and audit giant was in the last months is already very open about Bitcoin and the Blockchain. What is behind the announcement to accept Bitcoin as payment?
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PwC Luxembourg makes it possible: with Bitcoin, pay
Starting position is a current press release of PwC Luxembourg. The press release was published on this Monday. It States that PwC Luxembourg from 1. October, will accept payments from customers with Bitcoin.Thomas Campione, who works in a leading Position in the Department Blockchain & crypto assets, commented on the step of PwC Luxembourg as follows:
We simply could not continue to invest in this area (=Blockchain and crypto assets), to promote it, and solutions for the customers as well as to support the digital Transformation without having to do it yourself.
Also interesting are the related to thoughts on the Blockchain technology are especially. PwC believes that the Blockchain is an integral part of the economy, crypto currencies (to establish, at least in part) and PwC in the role of ‘Early Adopters’ slips. But apparently, PwC intends to create not only a fresh offer. It seems rather, as there is also growing requirements and Demands of customers, which is a secure payment alternative to the existing System.Trading on our brokers comparison-winning eToro. You are looking for a reliable and intuitive Broker to trade crypto-currencies, CFDs, shares, Forex, commodities and more? Then let yourself be in our eToro Test in 2019 all of the features explain, what possibilities are given to you here and where is here the Before – and disadvantages are . eToro Test 2019 read now.
Bitcoin adaptation: training is extremely important
The acceptance of Bitcoin as a means of payment for a Global Player such as PwC, nevertheless, with work. So PwC Luxembourg, added that the company has reviewed its internal guidelines and protocols carefully, in order to meet the requirements of the crypto industry. In addition, they worked closely with a local and regulated exchange. Whether the new offer will now be at the ‘self-runner’, however, is not guaranteed. There are to overcome further hurdles.Specifically, John Parkhouse, CEO of PwC Luxembourg, commented on the obstacles:
Training will be crucial, and the ability of the Ecosystem to build on and expand, it will be at least as important, to take advantage of the true benefits of the technology.
Parkhouse speaks to two very important points. A General awareness needs to be improved compared to the features and benefits of the Blockchain to continue. On the other hand a functional Ecosystem / solid infrastructure needs to be created, so that the benefits of the technology come to the fore.
With Bitcoin Standard pay: at PwC?
Even if the messages are of a good nature, they should not be overrated. For PwC Luxembourg, this is not the first Department that accepts Bitcoin as payment from customers. Already two years ago, namely in the year 2017, announced to accept the Hong Kong office of PwC Bitcoin as a payment means.One must also note that PwC Luxembourg is in spite of the fact that it is in PwC Luxembourg is a member firm of PwC International Ltd., a separate legal entity. The Feature ‘using Bitcoin to pay’ is now Offices so quickly becoming the Standard for all PwC, is unlikely.
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